Tag Archives: BRAV

We tagged BRAV in Friday morning’s premarket report after noticing increased volume and price action in the stock on our routine morning scan. It responded with one heck of a strong intraday performance, allowing traders a shot at a double bagger on the day.

BRAV traded up from its early morning low of .00128 to hit a high of .0028 shortly after 12:40pm, which was good for a 118% rip, and it came on 20X the 30-day average volume.

Deere & Co. DE – Friday Recap

We wanted to briefly mention our DE options idea for Friday’s session, the DE Weekly $118-121 Call. We normally include the exact gains made by our options calls, but are unable to on this play due to a technical difficulty, so we apologize for that.

That being said, DE ran from 119.00 to 122.24on the day, and the potential for multi-bag gains in every single one of our highlighted contracts certainly were there for the taking.

FerroGlobe PLC (GSM)

A stock that’s hitting our scanner today is GSM, which recently came down to touch the lowest prices it had seen in eight months, and has been rebounding in anticipation of Q1 Earnings, which were released yesterday and are untraded-upon.

Additionally, the RSI on the GSM chart is about to break the 50-line, while the MACD has just undergone a bullish cross. A return to PPS levels of just three months ago would produce gains of 30% or more from current pricing. We’ll place GSM on watch over the next few sessions and will be interested to see how the activity plays out.

GlycoMimetics, Inc. GLYC – Recap

We were tracking GLYC late last week, and it turned out to be a rousing success. The stock saw a low of 7.21 on Thursday following our premarket alert, and on Friday it hit 14.64, for a two-session swing of 103% which is fantastic for a stock in this price range.

The star of the show from yesterday’s premarket report was definitely GLYC, which we tagged in the extended watchlist after noticing the increasing accumulation and uptrend forming in recent sessions.

That trend was kicked into high gear with more than fifty-six times the three-month average volume pouring into the stock as GLYC traded up from a low of 7.21 and reached 11.58 for an intraday move of 61% The overall range we’ve seen here has been extended this morning in the premarket as well with the stock hitting a high of 12.05; that boosts our observed range to 67%

With GLYC shooting up so rapidly, we’ll want to be on the lookout for a potential dip-and-rip scenario, which we see quite a bit in these sort of situations.

Petroleo Brasiliero S.A. (Petrobras) PBR

It’s been awhile since we formulated an options idea for one of our old favorite targets in PBR, most recently being back in April. We often come back to the PBR well because it provides a lot of opportunities, and we’ve spotted what could be the next opportunity today.

Brazilian markets got crushed yesterday amid yet another government corruption scandal, causing a massive loss in share value for PBR in the blink of an eye. Today, it’s already snapping back and starting to recover in the premarket, so we want to formulate some options ideas to turn to in the event that the trend persists.

For quick-hit daytrading possibilities, we’ll have the PBR Weekly $8.50 and $9 Calls*, and for a longer-term idea we’ll have the PBR 06/30 $9.50 and $10 Calls on watch.
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Another Fresh Idea: Deere & Co. DE Weekly $118-121 Calls*
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*Never attempt to trade weekly options on a Friday unless you are a highly experienced trader- it’s an exceedingly risky proposition.

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